What price was used to value the CLDT share grant to the director?

The per-share value of the 11,546-share grant was $6.93 , calculated as the average closing price of Chatham Lodging Trust’s common shares on the New York Stock Exchange for the last ten trading days of 2025 .

Chatham Lodging (NYSE: CLDT) director awarded board share grant

Q: What insider transaction did CLDT director Edwin B. Brewer Jr. report?

Edwin B. Brewer Jr., a director of Chatham Lodging Trust , reported acquiring 11,546 common shares on January 15, 2026 as part of his 2025 board compensation and additional shares through the dividend reinvestment plan.

Q: How many Chatham Lodging Trust shares were granted as board compensation?

The director received a grant of 11,546 common shares on January 15, 2026 as the share-based portion of Chatham Lodging Trust’s annual compensation for trustees for fiscal year 2025 .

Q: How many CLDT shares did the director acquire through the DRSPP?

The filing states that the reported holdings include 2,296 common shares acquired during 2025 through Chatham Lodging Trust’s Dividend Reinvestment and Direct Share Purchase Plan (DRSPP) .

Q: Is the reported CLDT ownership held directly or indirectly by the director?

The Form 4 shows the common shares as held under direct ownership by the reporting person, with no indirect ownership or separate entity noted in the ownership fields.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chatham Lodging Trust director reports new share awards and DRSPP purchases. Director Edwin B. Brewer Jr. received a grant of 11,546 common shares on January 15, 2026, valued at $6.93 per share, as the share-based portion of his previously disclosed 2025 board compensation. The per-share value was based on the average closing price over the last ten trading days of 2025.

In addition, his holdings include 2,296 common shares acquired during 2025 through Chatham’s Dividend Reinvestment and Direct Share Purchase Plan. Following these acquisitions, he directly owns 62,576 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Brewer Edwin B JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	11,546	$6.93	$80K
Grant/Award	Common Shares	2,296	$0.00	--

Holdings After Transaction: Common Shares — 60,280 shares (Direct)

Footnotes (1)

Represents a grant of 11,546 common shares to the reporting person on January 15, 2026 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2025. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2025. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2025. The number of shares shown includes 2,296 shares acquired through the reporting individual's participation in the Company's Dividend Reinvestment and Direct Share Purchase Plan (the "DRSPP") during 2025.

Form 4 Insider Transactions: What Each Field Means →

01/16/2026 - 09:32 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brewer Edwin B JR

(Last)

(First)

(Middle)

222 LAKEVIEW AVENUE

SUITE 200

(Street)

WEST PALM BEACH

33401

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Chatham Lodging Trust [ CLDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares⁽¹⁾	01/15/2026		A		11,546	A	$6.93	60,280	D
Common Shares⁽²⁾	01/15/2026		A		2,296	A	$0	62,576	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a grant of 11,546 common shares to the reporting person on January 15, 2026 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2025. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2025. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2025.

2. The number of shares shown includes 2,296 shares acquired through the reporting individual's participation in the Company's Dividend Reinvestment and Direct Share Purchase Plan (the "DRSPP") during 2025.

	/s/ Dennis M. Craven, as Attorney in Fact	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CLDT director Edwin B. Brewer Jr. report?

Edwin B. Brewer Jr., a director of Chatham Lodging Trust, reported acquiring 11,546 common shares on January 15, 2026 as part of his 2025 board compensation and additional shares through the dividend reinvestment plan.

How many Chatham Lodging Trust shares were granted as board compensation?

The director received a grant of 11,546 common shares on January 15, 2026 as the share-based portion of Chatham Lodging Trust’s annual compensation for trustees for fiscal year 2025.

How many CLDT shares did the director acquire through the DRSPP?

The filing states that the reported holdings include 2,296 common shares acquired during 2025 through Chatham Lodging Trust’s Dividend Reinvestment and Direct Share Purchase Plan (DRSPP).

What is the director’s total ownership after these CLDT transactions?

After the reported transactions on January 15, 2026, Edwin B. Brewer Jr. directly owns 62,576 common shares of Chatham Lodging Trust.

Is the reported CLDT ownership held directly or indirectly by the director?

The Form 4 shows the common shares as held under direct ownership by the reporting person, with no indirect ownership or separate entity noted in the ownership fields.